Homehttps://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/Businesshttps://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/AMD shares are growing rapidly, as the analyst predicts they will outperform Intel and Nvidia.

AMD shares are growing rapidly, as the analyst predicts they will outperform Intel and Nvidia.

AMD (ticker: AMD) makes processors that serve as the main computing brains for PCs, servers, and graphics cards, competing with rivals from Nomura Instinet.
Intel

(INTC) and
Nvidia

Plot. AMD shares have grown by almost 60% this year, as investors are optimistic about the company's product pipeline later in 2019.

server chip market in 2019, as it has a promising lineup of products scheduled for release.

What's new. Nomura Instinet chip analyst David Wong began a survey on Tuesday with AMD on AMD, predicting strong financial results in the coming years. elevated [valuation] plural ", – he wrote. "We believe that the future momentum of the particle, as well as a favorable mix, will help increase the growth of AMD sales by 2019, 2020, and beyond." AMD shares rose 10% to $ 29.51 on Wednesday.

Analyst predicts that the share of AMD chips in the data center market will increase to 10% or more from 4%. He believes that the share of laptops in the company has increased from 15% to 20% from 12%, and the share of chips in desktop graphics has increased from 30% to 40% from 20%. year, and 67 cents in 2020.

Running forward. Wong's target price for AMD is $ 33, which is 13% compared to the current stock price.